Muhammad Rafique Umer has been appointed as the Acting CEO of the Pakistan Stock Exchange. In a notification to the… Read More
Telecom Sector Remains One of the Top Investors in Pakistan: Economic Survey 2018-19
Telecom operators have invested a significant amount of US$ 200.1 million from July 2018 to March 2019. The main driver… Read More
Pakistan’s Public Debt Increased to Rs. 28.6 Trillion: Economic Survey
Pakistan’s total public debt stood at Rs. 28.607 trillion at the end of March 2019, recording an increase of Rs… Read More
Dollar Climbs Back to Rs. 151 in Interbank Market
After a break of almost a week, the US dollar bounced back on Monday and reached the Rs. 151 mark… Read More
Govt Mulling to Link FBR With Chinese Tax Department
The government is planning to link the Federal Board of Revenue (FBR) with Chinese state tax department under the Belt… Read More
Govt to Introduce New Legal Regime to Convert 2 Million Non-Filers to Active Taxpayers
The government has decided to introduce a punitive legal regime to convert non-filers into active taxpayers after the upcoming budget.… Read More
3rd Highest Share of Deposits in Pakistani Banks Belongs to Unemployed Housewives & Students
Pakistani banks have amounts worth more than Rs. 2 trillion in their accounts which belong to housewives and students. According… Read More
SECP Makes IFRS 9 Accounting Standard Mandatory for Listed Companies
Abacus Consulting, a leading firm in transformation services, has entered into a strategic alliance with Aestimatio Analytics Inc. on an… Read More
Banks Agree to Provide Customers’ Withholding Data to FBR to Catch Non-Filers
The Federal Board of revenue has asked banks to provide withholding tax data of the customers. According to a report… Read More
Uber Reports $1 Billion in Loss in First Quarterly Report
Uber Technologies Inc. has reported a $1 billion loss in the first three months of the year in its first… Read More
FBR Planning to Reduce the Number of Withholding Tax Categories by 50 Percent
The FBR is viewing its options to reduce WHT by 50 percent, bringing the applicable categories from 50 to 25… Read More
Pakistan Govt to Stabilize the Stock Market Once and For All: Bloomberg
The Pakistani government has decided to put together a fund with contributions from banks and insurance firms to buy stocks… Read More
